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Author: Anthony Rumore

Business Debt Law Group > Articles posted by Anthony Rumore (Page 3)

How to Know if Your Merchant Cash Advance is Bad


Did your merchant cash advance funder give you a bad loan/advance? At some point, most businesses require additional funding to cover short term expenses or help their businesses grow. Traditional bank funding is obviously the most logical means of attaining additional capital, but it is not always realistic. You must have decent financials, good credit, adequate personal net worth and sometimes collateral to secure a loan. Many businesses who do not qualify for traditional bank financing are forced to take a merchant cash advance. This is basically an advance (loan) predicated on your future sales. What Can Be Found in a Merchant Cash...

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